The HP Telecom India IPO will open for subscription on February 20, 2025, and close on February 24, 2025. The allotment is expected to be finalized on February 25, 2025, with a tentative listing date on the NSE SME exchange set for February 28, 2025.
This IPO is a Fixed Price Issue, aiming to raise approximately ₹34.23 crores through a fresh issue of 31.69 lakh shares, with no offer for sale component.
The price band per share is set at ₹108, with a minimum lot size of 1,200 shares, requiring a retail investment of ₹1,29,600.
High Net-Worth Individuals (HNI) must apply for at least two lots (2,400 shares) amounting to ₹2,59,200. The issue structure allocates 50% for retail investors and 50% for HNI, with no reservation for Qualified Institutional Buyers (QIB).
Financially, the company has demonstrated strong growth, with revenue rising from ₹638.47 crores in 2023 to ₹1,079.77 crores in 2024 and profits increasing from ₹6.35 crores to ₹8.6 crores in the same period. Considering its performance, the IPO presents an attractive long-term investment opportunity.
Overview of Contents
HP Telecom India IPO Overview
| Particulars | Details |
|---|---|
| IPO Subscription Period | February 20, 2025 – February 24, 2025 |
| Listing on | NSE SME |
| IPO Type | Fixed Price Issue |
| Offer Price | ₹108 per share |
| Equity Share Face Value | ₹10 per share |
| Total Shares Offered | 31,69,200 shares (₹34.23 Cr) |
| Fresh Issue Size | 31,69,200 shares (₹34.23 Cr) |
| Minimum Investment (Retail) | 1,200 Shares (₹1,29,600) |
| Minimum Investment (HNI) | 2,400 Shares (₹2,59,200) |
| Retail Investor Quota | Up to 50% |
| NII (HNI) Quota | Up to 50% |
| Market Maker Allocation | 1,59,600 shares |
| Pre-Issue Shareholding | 87,45,510 shares |
| Post-Issue Shareholding | 1,19,14,710 shares |
| DRHP | Click here |
| RHP | Click here |
HP Telecom India IPO Lot Size
| Investor Category | No. of Lots | Total Shares | Investment Amount |
|---|---|---|---|
| Retail - Minimum Bid | 1 Lot | 1,200 Shares | ₹1,29,600 |
| Retail - Maximum Bid | 1 Lot | 1,200 Shares | ₹1,29,600 |
| Small HNI (S-HNI) Entry | 2 Lots | 2,400 Shares | ₹2,59,200 |
HP Telecom India IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | February 20, 2025 |
| IPO Closing Date | February 24, 2025 |
| Allotment Finalization | February 25, 2025 |
| Demat Account Credit | February 27, 2025 |
| Refund Initiation | February 27, 2025 |
| Listing on NSE SME | February 28, 2025 |
About HP Telecom India IPO
HP Telecom India Limited is a leading electronics distributor with exclusive distribution rights for Apple products across Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centers in Gujarat. The company offers a wide range of Apple devices, including iPhones, iPads, MacBooks, and Apple Watches, catering to a tech-savvy consumer base.
Founded in March 2011, HP Telecom initially focused on mobile phone and accessory distribution. In 2014-15, it expanded by securing exclusive rights for Sony LED TVs and other electronics in Gujarat. Over the years, the company diversified its portfolio to include home theatres, air conditioners, and more.
With a workforce of 91 employees, including 7 permanent staff and 84 contractual workers (as of September 30, 2024), HP Telecom has built a strong reputation. Its key strengths include exclusive distribution rights, a well-established supplier network, experienced leadership, and financial stability, positioning it as a major player in the electronics distribution market.
Objects of the Issue
- Funding the working capital requirements of the company; and
- General Corporate Purpose;
HP Telecom IPO Promoter Shareholding Details
HP Telecom India Limited’s promoters include Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, and Bharatlal Lalsingh Singh. Their shareholding will decrease from 99.99% before the IPO to 73.40% after the issue, reflecting the dilution due to the fresh issue of shares.
HP Telecom IPO Reservation Details
HP Telecom India IPO has a balanced reservation structure, with 50% of the net issue allocated to retail investors and the remaining 50% reserved for non-institutional investors (NII).
| Investor Category | Shares Offered |
|---|---|
| Retail Investors | 50% of the Net Issue |
| Non-Institutional Investors (NII) | 50% of the Net Issue |
HP Telecom IPO Financial Highlights (₹ in Crores)
| Financial Metrics | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Assets | 258.97 | 281.48 | 93.55 | 46.06 |
| Revenue | 594.19 | 1,079.77 | 638.47 | 292.55 |
| Profit After Tax (PAT) | 5.24 | 8.6 | 6.35 | 2.13 |
| Net Worth | 34.35 | 29.11 | 20.51 | 15.46 |
| Reserves & Surplus | 25.61 | 20.37 | 14.68 | 9.63 |
| Total Borrowing | 105.14 | 100.15 | 59.29 | 24.5 |
HP Telecom India IPO Valuation – FY2024
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 29.56% |
| Return on Capital Employed (ROCE) | 66.62% |
| Earnings Per Share (EPS) | ₹13.48 (Basic) |
| Price-to-Earnings (P/E) Ratio | 8.01 |
| Net Asset Value (NAV) per Share | ₹33.29 |
| Profit After Tax (PAT) Margin | 0.81% |
| EBITDA Margin | 1.84% |
| Debt-to-Equity Ratio | 0.00 |
Peer Group Comparison – HP Telecom India IPO
A comparison with industry peers helps investors evaluate HP Telecom India Limited against competitors based on key financial metrics like Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
| Company Name | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Revenue (₹ Cr.) |
|---|---|---|---|---|---|
| HP Telecom India Limited (FY24) | 13.48 | 8.01 | 29.56 | 33.29 | 1,079.77 |
| Bhatia Communications & Retail (India) Ltd | 0.92 | 27.97 | 17.44 | 5.28 | 415.40 |
| Jay Jalaram Technologies Ltd | 4.37 | 69.11 | 17.07 | 25.59 | 539.54 |
HP Telecom India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Company Address
HP Telecom India Limited
Plot No – 97, 01st Floor, Om Square
Near Ishwar Farm, BRTS
Canal Road, Bhatar, Althan-395017
Phone: +91 9825309977
Email: compliancehptl@gmail.com
Website: https://www.hvciipl.com/
HP Telecom India IPO Review
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HP Telecom India IPO FAQs
When does the HP Telecom India IPO open and close?
The IPO opens for subscription on February 20, 2025, and closes on February 24, 2025.
What is the issue size of HP Telecom India IPO?
The total issue size is ₹34.23 crores, consisting of a fresh issue of 31.69 lakh shares.
What is the price band for HP Telecom India IPO?
The IPO is priced at ₹108 per share with a face value of ₹10 per equity share.
What is the lot size and minimum investment required?
The minimum lot size is 1,200 shares, requiring a minimum investment of ₹1,29,600 for retail investors.
When will HP Telecom India IPO allotment be finalized?
The allotment is expected to be finalized on February 25, 2025.
When will HP Telecom India IPO be listed?
The IPO is scheduled to list on NSE SME on February 28, 2025.
What is the HP Telecom India IPO quota for investors?
Retail investors and Non-Institutional Investors (NII) each have 50% of the net issue reserved.
Who are the promoters of HP Telecom India?
The company is promoted by Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, and Bharatlal Lalsingh Singh.
Is HP Telecom India IPO a good investment?
Based on financials, the company has shown strong revenue and profit growth, making it a potential long-term investment opportunity.